GEDA OVERVIEW

The Gauteng Economic Development Agency (GEDA) was established in 1996 as an Investment Promotion Agency (IPA) by the Gauteng Provincial Government.  As an IPA, GEDA contributed significantly to the Gauteng Province’s economy by generating seven billion rand worth of investments and creating more than 10 000 jobs in Gauteng.  GEDA has also supported a number of successful projects and played an instrumental role in the positioning of Gauteng as an investment destination of choice.

In 2005 GEDA consolidated efforts to reposition itself from being just an investment promotion agency to a fully fledged economic development agency.  This process entailed the realignment of GEDAs strategic plans to the Gauteng Provincial Government priorities, as well as refocusing the business to ensure an effective smart access for business into Africa.

GEDA’s core mandate revolves around two interconnected areas, Investment and Trade Facilitation (ITF) and Local and Economic Development (LED). The ITF’s core areas revolve around providing support to investors wanting to invest in the Gauteng Province and LED around providing support for local economic development initiatives.

In addition GEDA will strengthen efforts aimed at promoting Broad Based Black Economic Empowerment, the development of SMMEs and cooperatives. As part of GEDAs expanded mandate, the agency will contribute to the strengthening of the South-South relations and NEPAD initiatives by promoting trade and investment between Gauteng and countries such as India, Brazil and the rest of the African continent.

GOAL
To facilitate and support long-term, sustainable foreign and domestic investment and trade activities that contribute to shared economic growth and development of the Province, the country and the Continent”

VISION
“Long-term and sustainable shared economic growth and development of the Province that creates a better life for all”

MISSION
To implement GPG’s economic development policies with a focus on the investment and trade growth elements”.  

http://www.geda.co.za